Vaping 101 Ltd

Vaping 101 Ltd from Portlethen UK: small company, active status, founded 8 years ago, real address, 2 directors, 2 owners, e-commerce site, Google rating 5.0 based on 1233 reviews. It’s a small business, meeting two of three conditions to qualify: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company operates in the retail sale via mail order houses or via internet industries. Stuart Anthony and Glennie Claire are the directors and owners, and the company was incorporated on March 30, 2017. Its registered address is at Acumen Accountants and Advisors Limited Bankhead Drive, City South Office Park, Aberdeen, AB12 4XX, United Kingdom.

The company’s website, vaping101.co.uk, is a comprehensive online store for all things vaping. It offers a wide range of products, including hardware, e-liquid (available in various nicotine strengths and flavours), disposables, vape kits, tanks, coils, pods, and DIY supplies. The site is well-organized, with clear categories and detailed product descriptions. It also features a blog with helpful articles and guides for both beginners and experienced vapers. The website is active and has a large selection of products, and it’s clear they are doing a lot of business.

Financially, Vaping 101 Ltd shows a mixed picture. While the company’s assets remained relatively stable at £11,098, equity dropped significantly, suggesting a possible need for investment or improved profitability. Bank borrowings increased by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. On the positive side, creditors decreased by 18%, which could indicate better debt management. The lack of employees (zero reported) hints at a lean operation, and the company is exempt from an audit as a small business. It’s a bit concerning that the company is losing money, but it’s still early days.

Overall, Vaping 101 Ltd seems to be a well-regarded online retailer with a strong Google rating. However, the financial data suggests that it’s facing some challenges, and it will be interesting to see how it performs in the coming years.

Registered in Scotland under the registration number SC561994, with a registered address at AB12 4XX, United Kingdom, Portlethen, Aberdeen, Acumen Accountants And Advisors Limited Bankhead Drive, City South Office Park.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.